Does choice in electrical providers bring savings?

Like Pennsylvania and New Jersey, Connecticut allows competitive electricity suppliers to sell directly to residential customers, and they have barraged consumers with offers they tout will help to cut their monthly bills.

But data released recently by Connecticut’s consumer advocate show actual savings are elusive for most residential customers. The disclosure raises questions about the value of competitive electricity markets for homeowners in other states, including Pennsylvania and New Jersey, where similar price information is private.

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